USDCAD Daily Analysis - September 14, 2016 Forex Analysis

USDCAD broke above 1.3147 resistance. Further rise could be expected over the next several days, and next target would be at 1.3400 area. Support is at 1.3020, as long as this level holds, the uptrend will continue.

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USDJPY Daily Analysis - September 14, 2016 Forex Analysis

USDJPY broke above 103.05 resistance indicating that the uptrend from99.52 has resumed. Further rise to test 104.31 resistance could be seen, a break of this level could bring price to 106.00 zone. Support is at 101.20, only break below this level could bring price back to 99.50 zone.

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AUDUSD Daily Analysis - September 14, 2016 Forex Analysis

AUDUSD broke below 0.7489 support and reached as low as 0.7441. Further decline could be expected over the next several days, and next target would be at 0.7200 area. Resistance is at 0.7570, as long as this level holds, the downtrend will continue.

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GBPUSD Daily Analysis - September 14, 2016 Forex Analysis

GBPUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.2865 had completed at 1.3445 already. Resistance is located at the downward trend line. As long as the trend line resistance holds, the downtrend from 1.3445 could be expected to continue, and next target would be at 1.2900 zone.

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EURUSD Daily Analysis - September 14, 2016 Forex Analysis

EURUSD broke below the bottom of the price channel on 4-hour chart, indicating that the uptrend from 1.1123 had completed at 1.1326 already. Further fall would likely be seen over the next several days, and next target would be at 1.1000 area. Near term resistance is at 1.1280, only break above this level could trigger another rise towards 1.1400.

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